What does the term 'decedent' refer to in real estate and legal contexts?

The term 'decedent' specifically refers to a person who has died, particularly in legal contexts such as estate law and probate proceedings. When dealing with the transfer of property, the decedent is the individual whose estate is being administered after their death. This concept is crucial in real estate transactions that involve inherited properties or assets, as the legal rights to that property generally pass to the decedent's heirs or beneficiaries as specified in a will or according to state law if no will exists.

In the context of estate management, understanding who the decedent is allows for the proper identification of the rights and responsibilities regarding the decedent's assets, including real estate. This clarity is essential for executing a will, managing an estate, and ensuring legal compliance during the transfer process.